Proceeding contribution from Jim Cousins (Labour) in the House of Commons on Tuesday, 10 February 2009. It occurred during Debate on bill on Banking Bill.
Banking Bill (Money)
May I put three examples to my hon. Friend? Let us say that the Bank of England were to start buying Government debt; that the Treasury were to start issuing debt directly to businesses, institutions or arms of local government; or that the Government were to decide that they had to support credit insurers and created a new credit insurance facility in order to keep business moving. Those matters would all be covered by this new clause. How would Parliament be kept informed about these matters?
Secondary information
- Type
- Proceeding contribution
- Reference
- 487 c1280-1;487 c1278-9
- Session
- 2008-09
- Chamber / Committee
- House of Commons chamber
- Subjects
- Disclosure of information Compensation Codes of practice Accountability Directors Administration Assets Bank services Banks Delegated legislation Bank of England Investment Financial institutions Insolvency Government assistance Financial Services Authority Holding companies Foreign companies Pay Pensions Payments Property transfer Public sector Parliamentary scrutiny Loans Nationalisation Treasury Valuation Northern Rock National Loans Fund Henry VIII clauses Retrospective legislation
- Legislation
- Banking Bill 2007-08 to 2008-09
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2026-05-13 11:58:26 +0100
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